Italian American St Joseph Society Inc

Analysis

Italian American St Joseph Society Inc is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Italian American St Joseph Society Inc reported income of $125k and spending of $135k, spending 108% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $112k to $125k (+12%), an average of +12% a year. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Italian American St Joseph Society Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within LA. Charities of a similar size with the same main cause include Moorhead Community Access Television Corporation ($125k), American Sokol Organization and Educational and Physical Culture O ($125k) and National Society of the Daughters of the American Revolution ($125k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.